Comprehensive market data and analysis• Updated Dec 2025
5.2 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 3 | 4 |
| 5-10 acres | 1 | 1 | 1 | 5 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 2 | 2 |
| 50-100 acres | - | 1 | 2 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 8 | 13 |
Acreage buckets
The median price for land in Pekin, Indiana is currently $10K per acre. For a typical parcel, the median sale price is $71K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $454K.
Pekin, Indiana is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Pekin, Indiana currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Pekin, Indiana is 19.1% (3-month basis), indicating strong demand. The top-performing broker in this market is The Day Company REALTORS.
Land in Pekin, Indiana averages $12K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 8.0 acres.
Land in Pekin, Indiana typically sells within 94 days of listing. The median time on market is 60 days. Properties are moving at a moderate pace in the current seller's market.
There are currently 7 active listings in Pekin, Indiana. 4 new listings have hit the market in the last 90 days. The median asking price is $895K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.